Research Finance Analyst II, Research Finance

Overview

Position: Research Finance Analyst II
Department: Research Finance
Location: Boston, MA (Remote)
Schedule: 40 hours per week

Position Summary

The Research Finance Analyst II serves as the primary financial contact for departmental administrators, principal investigators, and central research administration regarding the monitoring, controlling, and reporting of grants and contracts. This role involves daily account analysis and communication with the research community, sponsors, and central administration. The analyst ensures fiscal management of grants and contracts complies with government regulations, sponsor requirements, and organizational policies.

Responsibilities

• Manage a portfolio of sponsored projects, performing all post-award financial functions including budget and expense analysis, monthly invoicing, financial reporting, labor distribution changes, and re-budgeting according to sponsor terms.
• Review contracts and new awards to assess financial management impact and provide feedback to Sponsored Programs Administration to ensure contractual obligations are met.
• Communicate with investigators and department administrators regarding post-award financial management, including budget spending, unbilled and billed amounts, aged receivables, unreconciled accounts, and deficits.
• Conduct regular meetings with department administrators and principal investigators to review account status.
• Perform grant closeout functions per sponsor terms and organizational policy, including grant reconciliation, financial report preparation and submission, final invoicing, purchase order liquidation, fund carryover, and accounts receivable follow-up.
• Communicate with sponsors as needed for problem resolution, outstanding receivables, budget adjustments, and information gathering.
• Develop knowledge of organizational policies and federal and non-federal regulations such as OMB 2 CFR 200 (Uniform Guidance), 45 CFR Appendix IX to Part 75, and PHS grants policy statements.
• Manage general department responsibilities as assigned, including accounts receivable management, vendor invoice processing, journal entries, purchase order management, letter of credit draw preparation, salary approvals, monthly invoicing, and grant final notifications.
• Oversee submonitoring and payment of subinvoices.
• Provide analysis and support for ad hoc projects as requested by management.
• Assist with internal and external sponsor audits by gathering documentation and coordinating with department staff.

Requirements

• High School Diploma or GED required.
• Bachelor’s degree or equivalent work experience preferred, ideally in Accounting, Finance, or Business.
• Two to five years of relevant work experience required.
• Strong preference for candidates with post-award research finance experience involving grants and contracts.
• Proficient computer skills, especially in Microsoft Office with advanced Excel knowledge.
• Strong interpersonal and communication skills, both verbal and written.
• High analytical ability and deductive reasoning skills.
• Ability to work independently and collaboratively within a team.

Compensation & Benefits

• Salary range: $62,500 to $91,000 (based on minimum qualifications; final offer considers education, experience, skills, certifications, organizational needs, internal equity, and market competitiveness).
• Competitive pay.
• Tuition reimbursement and tuition remission programs.
• Highly subsidized medical, dental, and vision insurance options.
• Career advancement and professional development opportunities.
• Access to ongoing training and development, especially for careers in medicine or biomedical research.
• Participation in pioneering biomedical research projects.
• Additional benefits include discretionary annual bonuses, merit increases, Flexible Spending Accounts, 403(b) savings matches, paid time off, and resources supporting employee and family well-being.

Location

This position is based in Boston, MA, and is offered as a remote role.

Equal Opportunity

The organization is an Equal Opportunity Employer and complies with affirmative action policies. Accommodations are available for applicants with disabilities or medical conditions during the application process upon request.

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